Tesla's Bad News Accelerates As Wall Street Loses Faith
For the year, the share price is down around 40%, largely on concerns Tesla is running out of buyers for its vehicles.
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For the year, the share price is down around 40%, largely on concerns Tesla is running out of buyers for its vehicles.
Median pay for S&P 500 CEOs was $12 million last year.
Shares of Bay Area electric carmaker Tesla, suffering one of the worst stretches in company history, rebounded Thursday after CEO Elon Musk told employees that orders are up.
KPIX got a preview of Volvo's Polestar 2 before its San Francisco debut. The all-new, all-electric car is meant to compete against the best-selling Tesla Model 3.
Bay Area electric car maker Tesla is investigating after one of its vehicles appeared to explode in China.
Bay Area electric car maker Tesla is hiking prices as it adds autopilot as standard on most of its cars. It's also making it harder for customers to buy its cheapest model.
Sales of electric cars from Bay Area-based Tesla, along with General Motors, could get a boost from a bill introduced this week by a bipartisan group of lawmakers.
A federal judge will hear oral arguments Thursday about whether Tesla CEO Elon Musk should be held in contempt of court.
Tesla is walking back its plan to close most retail stores worldwide in a move the Bay Area-based company says will force it to raise prices on most of its electric vehicles.
Tesla has announced it's now ready to deliver on its promise to make a $35,000 electric car, but it may be laying off sales staff and closing brick and mortar sales showrooms to make it happen.
Tesla is suffering one of its worst sell-offs of the year after the Bay Area car company said it would begin closing all of its stores in favor of selling its electric cars exclusively online.
Tesla says it is now taking orders for the long-awaited $35,000 Model 3, a car for the masses that is essential for the Bay Area-based electric car company to survive.
Elon Musk, CEO of Bay Area based Tesla, has until March 11 to explain to a federal judge in New York why he shouldn't be held in contempt of court.
Cold temperatures can sap electric car batteries, temporarily reducing their range by more than 40 percent when interior heaters are used, a new study found.
Bay Area electric car company Tesla is cutting $1,100 from the base price of its car designed for the mass market, the Model 3.
Bay Area electric car company Tesla eked out a small fourth-quarter profit to close 2018, but fell short of Wall Street estimates.
Fremont Police Department announced on Wednesday that it will begin a pilot program to test out a Tesla Model S that is customized for patrol operations.
Bay Area-based electric car maker Tesla will cut 7 percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford.
Bay Area electric car company Tesla's new manufacturing plant in China is officially under construction.
Bay Area-based Tesla made about 9,300 more vehicles than it delivered last year, raising concerns among industry analysts that inventory is growing as demand for the company's electric cars may be starting to wane.
Shares of Bay Area-based electric car and solar panel maker Tesla Inc. tumbled Wednesday morning after the company cut vehicle prices by $2,000 and announced fourth-quarter sales figures that fell short of Wall Street estimates.
Electric car buyers interested in vehicles from Bay Area-based Tesla motors can say goodbye to a $7,500 tax credit in the new year.
Tesla CEO Elon Musk said the Bay Area-based electric car company came "within single-digit weeks" of death this year as it struggled to meet production targets for its Model 3 sedan.
Securities investigators have subpoenaed information from Tesla about production forecasts for the Model 3 electric car that were made last year.
A Tesla spokeswoman says there's no reason to believe an autopilot feature in a Model S vehicle malfunctioned, despite a Florida driver's claims in a lawsuit.
A sea lion turned heads in San Francisco's Outer Sunset after wandering out of the ocean and onto a neighborhood street.
Macklin Celebrini had a goal and two assists to break Joe Thornton's San Jose record for points in a season with 115, helping the Sharks rout the Winnipeg Jets 6-1 on Thursday night in the finale for both teams.
After polling around 3% last month, former state attorney general Xavier Becerra jumped to 10% after Eric Swalwell dropped out of the California governor's race.
San Francisco's iconic Fisherman's Wharf, which draws tourists from around the globe, has been garnering some mixed reactions from visitors.
Singer and songwriter d4vd has been arrested on suspicion of murder for the death of a 14-year-old whose dismembered body was found last year in a Tesla belonging to the singer.
A sea lion turned heads in San Francisco's Outer Sunset after wandering out of the ocean and onto a neighborhood street.
After polling around 3% last month, former state attorney general Xavier Becerra jumped to 10% after Eric Swalwell dropped out of the California governor's race.
San Francisco's iconic Fisherman's Wharf, which draws tourists from around the globe, has been garnering some mixed reactions from visitors.
Singer and songwriter d4vd has been arrested on suspicion of murder for the death of a 14-year-old whose dismembered body was found last year in a Tesla belonging to the singer.
Three LA County residents will spend their weekends in jail for dressing up as a bear and trashing luxury cars for insurance money.
A sea lion turned heads in San Francisco's Outer Sunset after wandering out of the ocean and onto a neighborhood street.
San Francisco's iconic Fisherman's Wharf, which draws tourists from around the globe, has been garnering some mixed reactions from visitors.
San Francisco is modernizing its communications systems to ensure that nothing hinders first responders in the event of a disaster.
Prosecutors in San Francisco charged a man with murder, alleging he struck and ran over an elderly pedestrian in a fit of road rage.
The celebration for San Francisco's 176th birthday was held at the East Cut, and the annual event, organized by Empire, brought together Bay Area artists, vendors and residents in a showcase of community pride.
An 83-year-old woman's idea to share kindness is in full bloom in the East Bay.
Police in Berkeley are seeking help from the public as they search for a 28-year-old man who has been missing for nearly two weeks.
Bay Area Rapid Transit said the system is recovering after an issue involving a train in San Francisco led to major delays early Wednesday morning.
The gift is for graduating students who didn't qualify for free tuition and involves 181 students who owed a range from $2 to close to $1,000.
Just after 5 p.m., BART said there was an equipment problem on the track between 19th Street and MacArthur, and that it was creating a 20-minute delay. It was soon upgraded to a major delay, and by 6 p.m., BART had notified riders that A/C transit and Muni service were available.
Three San Jose residents filed a class-action lawsuit against the city over its network of ALPR cameras, alleging that the program violates their constitutional rights.
After four Palo Alto High School students used railroad crossings to take their own lives in the last two years, a proposal was brought to city council to close the Churchill Avenue crossing, which is right next to the school.
Two sea otters that were rescued off the Central California coast made their debuts at the Monterey Bay Aquarium on Tuesday.
Bay Area Rapid Transit said the system is recovering after an issue involving a train in San Francisco led to major delays early Wednesday morning.
A San Jose man has been arrested on multiple counts of assault in connection with a series of unprovoked attacks primarily targeting elderly men.
In 2019, a company called Catalyst Properties approached the city of Larkspur with an idea. They convinced the city to pair up with a newly formed organization to create tax-free bonds as a way to purchase apartment complexes, turning them into middle-income housing.
A woman wielding a knife allegedly threatened people outside a supermarket in Santa Rosa before officers used less-than-lethal devices to immobilize her and take her into custody, police said on Monday.
A homeowner in Fairfield armed with a shovel fought off an intruder during a confrontation caught on video, police said.
Multiple teens were injured during a crash early Saturday morning in Novato, police said. One of them died, and the others remain in critical condition.
Local leaders say Southwest's arrival will significantly increase the number of travelers flying in and out of the airport this year, a development they call a major step forward for both convenience and economic growth.
Macklin Celebrini had a goal and two assists to break Joe Thornton's San Jose record for points in a season with 115, helping the Sharks rout the Winnipeg Jets 6-1 on Thursday night in the finale for both teams.
Landen Roupp allowed one hit in six innings and Matt Chapman had an RBI double to spark a three-run rally in the seventh and help the San Francisco Giants beat the Cincinnati Reds 3-0.
Stephen Curry scored 27 of his 35 points in the second half, Al Horford hit four 3-pointers during Golden State's electrifying fourth-quarter comeback and the Warriors advanced in the NBA's play-in tournament with a 126-121 victory over the Los Angeles Clippers.
The final countdown is on for the Golden State Valkyries second season and fans are already itching to get back into Ballhalla.
FIFA President Gianni Infantino reiterated his stance Wednesday that Iran will participate in the World Cup "for sure" despite its war with the U.S.
Three LA County residents will spend their weekends in jail for dressing up as a bear and trashing luxury cars for insurance money.
Prosecutors in San Francisco charged a man with murder, alleging he struck and ran over an elderly pedestrian in a fit of road rage.
A San Francisco toddler's fatal overdose due to fentanyl poisoning earlier this year has resulted in murder charges against the child's parents, the district attorney announced on Wednesday.
A San Jose man has been arrested on multiple counts of assault in connection with a series of unprovoked attacks primarily targeting elderly men.
Police in San Francisco arrested a suspect in a hit-and-run crash that killed a pedestrian on Monday, the department said.
The interactive gaming platform Roblox, popular among children and teens, has reached an over $12 million agreement with the state of Nevada over its protections for young users.
California Attorney General Rob Bonta and local prosecutors urged parents to check their children's e-bikes, saying some of the vehicles may be motorcycles or mopeds capable of high speeds.
Could powerful AI models like Anthropic's Mythos give cybercriminals and other bad actors a roadmap for exploiting tech systems?
Artificial intelligence is more likely to change the nature of work than to supplant masses of workers, according to researchers.
The Computer History Museum is more than a walk through the past; it is a reflection of how rapidly technology continues to shape everyday life.
Health officials in San Francisco announced Wednesday that an infant who recently traveled outside the United States has tested positive for measles.
A dead bat found at a Fremont home earlier this week has tested positive for the deadly rabies virus, according to authorities.
An East Bay woman is using the sport of pickleball to help find a cure for Parkinson's disease.
An unlicensed cosmetologist from Florida has been found guilty in a California court for providing an injection that killed a model who was known as a Kim Kardashian lookalike, prosecutors said.
The early-season heat wave gripping the Bay Area also means the allergy season is already kicking into high gear.
After polling around 3% last month, former state attorney general Xavier Becerra jumped to 10% after Eric Swalwell dropped out of the California governor's race.
But underground construction work on a presidential bunker underneath the ballroom can continue, the judge said.
Few Republicans have been willing to distance themselves from the president as the war's end remains uncertain.
It was the fourth time Democrats in the Senate had forced a vote on the issue since the war began on Feb. 28.
House Democrats introduced articles of impeachment against Defense Secretary Pete Hegseth, claiming he has "demonstrated a willful disregard for the Constitution."
The Trump administration agreed to restore the Stonewall National Monument's Pride flag in Greenwich Village after it was removed.
Philz Coffee's move to remove the Pride flag and all other flags from their stores is brewing up some strong reaction.
Transgender women athletes are now excluded from women's events at the Olympics after the IOC agreed to a new eligibility policy on Thursday.
The Trump administration has given San Jose State University 10 days to change its policy on transgender athletes or face legal action and possibly lose federal funding.
A man has been arrested and accused of a hate crime after a San Francisco church was vandalized over the weekend, police said.
Pop star Britney Spears has voluntarily checked into rehab following her DUI arrest in Ventura County in March, a representative for the singer told CBS LA.
Adrian Arias's work, entitled "Layers of the Mission: A Celebration of Memory and Resilience," is intended to bring attention to who he describes as real-life neighborhood heroes.
City leadership recently passed legislation that they say will help established event activators plan and execute at a much faster pace.
The price hike raises the cost of the standard plan with ads by $1 per month and the cost of the standard and premium plans by $2.
An unlicensed cosmetologist from Florida has been found guilty in a California court for providing an injection that killed a model who was known as a Kim Kardashian lookalike, prosecutors said.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
A sea lion turned heads in San Francisco's Outer Sunset after wandering out of the ocean and onto a neighborhood street.
The Emperor Penguin and the Antarctic Fur Seal now face an ominous uphill climb.
In San Francisco's Civic Center, a nearly 100-year-old building is getting a major upgrade.
Kara St. Cyr breaks down the numbers.
San Francisco's iconic Fisherman's Wharf is evolving and seeking to shed some long-held views of being a "tourist trap." Sooji Nam reports.
In 2025, KPIX is moving to a new community service award: the CBS News Bay Area Icon Award. Submit nominations for an outstanding community hero at kpix.com/icon.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.